Mpc Meet
Recent Highlights
All Stories for Mpc Meet
RBI cuts repo rate by 25 bps to 5.15%: Central bank goes with the tide but reduction in interest rate cannot ensure pick-up in credit
Madan •The most important takeaway from the RBI policy statement is the revision in GDP growth number from 6.9% to 6.1% for FY20
Sensex jumps over 250 points ahead of RBI policy outcome on gains in banking, financial stocks; Nifty spurts 70 points
Fp Staff •Sensex was trading 258.60 points or 0.68 percent, higher at 38,365.47. Similarly, the broader NSE Nifty spurted 70.00 points, or 0.62 percent, to 11,384.00.
Sensex skyrockets 553 points to hit record closing high of 40,268; Nifty at lifetime peak of 12,089
Fp Staff •Earlier, Sensex rallied over 200 points in early trade on Monday driven by gains in financial stocks ahead of the Reserve Bank's bi-monthly policy review.
Sensex jumps over 200 points ahead of RBI policy meet, Nifty spurts 48 points; Hero MotoCorp, Asian Paints, Bajaj Auto gain in early trade
•Sensex was trading 203.82 points or 0.51% higher at 39,918.02. Similarly, the broader NSE Nifty spurted 48.35 points or 0.41% to 11,971.15
Reserve Bank cuts repo by 25 bps: MPC's rate cut bonanza isn't over yet; expect more moves to spur the economy
Madan •Lowering of the repo rate by the RBI has to get transmitted and for this to happen, deposit rates should be lowered so that the MCLR comes down
Sensex, Nifty open on cautious note ahead of RBI policy outcome; Bharti Airtel, Asian Paints, Axis Bank among top gainers
•Sensex was trading a tad above the psychological 39,000-level in early deals, up 24.13 points or 0.06 percent at 38,901.25.
RBI monetary policy: Central bank begins 3-day meet amidst 25 bps repo rate cut hopes
•The RBI's rate-setting panel on Tuesday started its 3-day deliberations for the first bi-monthly monetary policy of 2019-20 amid expectations of a cut in key lending rate by another 25 basis points to boost economic activities
Sensex, Nifty register gains in early trade on positive domestic, global cues; rupee down by 22 paise against dollar
•Sensex opened at 38,988.57 and briefly crossed the psychological 39,000-level in early deals before settling at 38,929.48 in early trade
RBI chief Shaktikanta Das to hold pre-policy meet with trade bodies, rating agencies on 26 March
•The pre-policy meeting, which comes ahead of the MPC meet scheduled for 4 April, is aimed at broadening the consultation process
Sensex jumps 150 points, Nifty rises over 30 points ahead of RBI policy outcome; Sun Pharma, Bajaj Auto, HCL Tech among top gainers
•Sensex was trading 161.53 points, or 0.44 percent, higher at 37,136.76. NSE Nifty rose 33.05 points, or 0.30 percent to 11,095.50.